The European Commission oversees the restructuring of TAP under state aid rules.
1 report, 1 independent
Updated Jun 30
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What happened
The European Commission oversees the restructuring of TAP under state aid rules.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The Portuguese government announced a sovereign wealth fund and initiated the state purchase of the airline TAP.Also in this story
- Government opens talks regarding the privatization of TAP Air Portugal.
- Binding offers have been submitted for a minority stake in TAP Air Portugal, proposing access to joint ventures and Star Alliance benefits.
- Air France-KLM has submitted a bid to acquire a stake in TAP Air Portugal.
The entities involved
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Portugal
country in Southwestern Europe
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European Commission
executive branch of the European Union